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It costs $2.50 to have your transaction go through in the next 10 minutes. It costs 50c to have it go through in the next HOUR. Bitcoins fee structure is wholly antithetical to its use as currency but TPTB in the mining ecosystem are making fantastic profits milking the fee rates.

Nobody is really using it as a currency when having any amount change hands costs on average a fancy coffee drink from a fast food joint.




i just sent a transaction for 6 cents and it was included in the next block.. that problem is resolved.

so you can see i'm not making shit up https://live.blockcypher.com/btc/tx/8b420f5e6548865535381fdb...

That's a 2sat/byte transaction... come on man! this is amazing for shop owners.

wait until lightning network and its INSTANT.


The problem isn't resolved; the steep drop in fees has everything to due with the drastically smaller amount of pending transactions.


That's because of Segwit adoption and Batching.


And in 1999 it took me 15 minutes to download 1MB over my dialup connection. Bitcoin is the v1 of crypto. Give it a chance.




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